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Ikanos Communications (FRA:I9J1) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Ikanos Communications Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ikanos Communications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ikanos Communications's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ikanos Communications Cyclically Adjusted Price-to-FCF Chart

Ikanos Communications Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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Ikanos Communications Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Ikanos Communications's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Ikanos Communications's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ikanos Communications's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ikanos Communications's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ikanos Communications's Cyclically Adjusted Price-to-FCF falls into.



Ikanos Communications Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ikanos Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Ikanos Communications's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=-0.362/100.6839*100.6839
=-0.362

Current CPI (Jun. 2015) = 100.6839.

Ikanos Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200509 3.690 83.876 4.429
200512 -0.497 83.032 -0.603
200603 1.618 84.298 1.933
200606 -0.908 85.606 -1.068
200609 0.267 85.606 0.314
200612 -0.563 85.142 -0.666
200703 -2.105 86.640 -2.446
200706 -0.563 87.906 -0.645
200709 -0.299 87.964 -0.342
200712 -2.071 88.616 -2.353
200803 0.591 90.090 0.660
200806 0.122 92.320 0.133
200809 -1.064 92.307 -1.161
200812 -0.901 88.697 -1.023
200903 -1.024 89.744 -1.149
200906 -0.019 91.003 -0.021
200909 -1.016 91.120 -1.123
200912 -1.533 91.111 -1.694
201003 -0.792 91.821 -0.868
201006 -0.725 91.962 -0.794
201009 -0.442 92.162 -0.483
201012 0.192 92.474 0.209
201103 0.405 94.283 0.432
201106 -0.037 95.235 -0.039
201109 0.147 95.727 0.155
201112 -0.210 95.213 -0.222
201203 0.542 96.783 0.564
201206 -0.787 96.819 -0.818
201209 -0.515 97.633 -0.531
201212 -0.288 96.871 -0.299
201303 0.014 98.209 0.014
201306 -0.807 98.518 -0.825
201309 -0.526 98.790 -0.536
201312 -1.001 98.326 -1.025
201403 -0.179 99.695 -0.181
201406 -0.873 100.560 -0.874
201409 -0.933 100.428 -0.935
201412 -0.707 99.070 -0.719
201503 -0.500 99.621 -0.505
201506 -0.362 100.684 -0.362

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ikanos Communications  (FRA:I9J1) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ikanos Communications Cyclically Adjusted Price-to-FCF Related Terms

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Ikanos Communications (FRA:I9J1) Business Description

Industry
Traded in Other Exchanges
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Address
Ikanos Communications Inc was incorporated in the State of California in April 1999 and reincorporated in the State of Delaware in September 2005. The Company is a provider of advanced broadband semiconductor products and software for delivering high speed broadband solutions to the digital home. The Company's broadband multi-mode and digital subscriber line processors and other semiconductor offerings power carrier infrastructure and customer premise equipment for network equipment manufacturers who, in turn, serve telecommunications service providers. The Company has developed programmable, scalable chip architectures, which form the foundation for deploying and delivering multi-play services. This communications processor architecture with wire-speed packet processing capabilities enables high-performance end user devices capable of distributing advanced services in the home. These products support telecommunications services providers' multi-play deployment plans to the digital home while keeping their capital and operating expenditures low and have been deployed by service providers in Asia, Europe, and North and South America. The Company outsources all of its semiconductor fabrication, assembly, and test functions, which allows focusing on the design, development, sales, and marketing of its products and reduces the level of its capital investment. It offers multiple product lines that are designed to address different segments of the communications processor and the high-speed broadband DSL markets. The Company currently competes or expects to compete with, among others, Alcatel-Lucent, Broadcom Corporation, Cavium, Inc., Cortina Systems, Inc., Lantiq Deutschland GmbH, Marvell Technology Group Ltd., M/A-COM Technology Solutions Holdings, Inc., PMC-Sierra, Inc., Metanoia Communication, QUALCOMM Incorporated, Realtek Semiconductor Corp., and MediaTek Inc. As of December 29, 2013, the Company had over 285 patents issued in the United States and more than 35 companion patents issued in foreign jurisdictions.

Ikanos Communications (FRA:I9J1) Headlines

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